"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Wednesday, January 27, 2010

November Factory Orders and Durable Goods Revised Down

"The Census Bureau identified a processing error that occurred when revising historic seasonally adjusted data for the November (data month) releases," Census said in a notice posted on its website. "The data have been corrected."
Factory Orders revised to +0.6% from +1.1%
Durable Goods revised to -0.7% from +0.2%

These are substantial revisions. Not only is our government inept and out of control regarding budgetary issues, they are fundamentally inept in calculating data.
Suggested Reading for Census Bureau

This is what grandpa is reading

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